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D Question 16 4 pts You buy 2000 shares of XYZ for $50 with 55% margin. Three months later the price is $60. What is

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D Question 16 4 pts You buy 2000 shares of XYZ for $50 with 55% margin. Three months later the price is $60. What is the buying power for your investment? Edit View Insert Format Tools Table 12pt Paragraph B IUA 2 T 2000 50 55%= 55,000 2000 (60-50) = 20,000 55,000+20,000 = 75,000 75,000/ 55% = 136,363.63 2000 60=120,000 = 16,363.63

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